Ref# 5285
Rankin Inlet, NU – Previously Listed at $1,959,060 – Now Asking $1,759,230
Update – With a northern practice, it is very common to require staff housing. The 2BR staff house that was previously offered at $575 000 is now being offered at $499 000. Production for the first six months is tracking at 2025 levels, which is considerably higher than 2024, and locum dentist and staff contracts are secured through the end of 2026 (and beyond). This is a practice where $10K in production per day is not unusual, and the owner is motivated to focus their attention on their other practice.
This is a great opportunity to diversify your portfolio, or for an owner/operator with a sense of adventure to firmly secure your financial future!
Adventure (and wealth) awaits!
This unique opportunity for practice ownership comes with many extras that you will not see elsewhere:
- You will have an opportunity to serve a community that is grateful for your skills.
- As a majority of patients are covered by either private or government insurance, with a generous fee guide, there are minimal conversations required about the financial aspects of dentistry, and you can focus on delivering care.
- There are several different government incentives that improve cash flow, resulting in a fantastic opportunity to build wealth with virtually no competition.
- Private investment in mining has resulted, and will continue to grow, the population and the number of well-insured employees available to be served.
This exceptionally well-maintained private clinic in Nunavut will also offer the priceless chance to immerse yourself in fantastic cultural experiences while still being able to connect to a major Canadian city in two hours.
Having spent a week in the practice, I can speak firsthand to the opportunities available to individuals or teams considering this venture.
Interested parties will be invited to participate in one-on-one online interviews to answer questions and showcase the highlights of the practice.
It is strongly encouraged that potential buyers seriously consider purchasing the available real estate (and vehicle), as housing is in high demand, and opportunities are limited.
Highlights of this Practice Include:
- Over $1,100,00 in cash flow in 2025 with exponential growth opportunities in the hygiene program.
- Currently working with fly-in associates only, so investor dentists are also welcome to take advantage of the existing system.
- No significant competition in town with a permanent population of over 3,000, and many smaller neighbouring communities that travel to the clinic for treatment.
- Property available for purchase for either living or accommodating a fly-in team for the clinic.
Additional Purchaser/Advisor Information:
- A practice Profile will be provided within 48 hours of your request
- Individual online sessions will be available on request – appraisals available immediately after that session.
- Offers will be presented as received
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
For more information or to schedule an appointment, please contact Dr. Drew Markham, Sales Representative.